MPLX LP (MPLX) Says FERC Order to Have 'De Minimis' Effect
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MPLX Responds to FERC Announcement
March 16, 2018 9:00 AM EDTFINDLAY, Ohio, March 16, 2018 /PRNewswire/ --Â MPLX LP (NYSE: MPLX) has reviewed the March 15 Federal Energy Regulatory Commission (FERC) policy revision, in which FERC no longer will allow master limited partnership interstate natural gas and oil pipelines to recover an income tax allowance in cost-of-service rate filings. The partnership expects these revisions to have a de minimis effect on its earnings and cash flow.
About MPLX LP
MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy... More
